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Category: Business

Dollar Stabilizes at 103.13 Points

The dollar stabilized on Monday as traders awaited US economic data to gauge its impact on the prospects of a larger-than-expected interest rate cut, while a rise in Japanese stocks helped stem losses from yen carry trades. The dollar index, which mea…

Gold Prices Rise More Than 1 Percent on Rising Demand

Gold prices rose more than 1 percent at the close Monday, recording their highest level since August 2, supported by rising demand, while investors await US inflation data this week.

The price of gold in spot transactions increased 1.5 percent to $2,…

QSE Announces Results of MSCI Quarterly Index Review

Qatar Stock Exchange (QSE) announced today the results of the August 2024 Index Review for the MSCI Equity Indexes.

The Review included the reclassification of Ooredoo from MSCI Qatar Large Cap Index to MSCI Qatar Mid Cap Index; and the deletion of Q…

QSE Index Closes 0.22 Percent Lower

Doha: The Qatar Stock Exchange (QSE) general index saw a decline in Tuesday’s trading session, closing lower by 23.67 points, or 0.22 percent, to settle at 10,585.58 points.

According to Qatar News Agency, a total of 267,809,871 shares were traded,…

Gold Dips as Investors Book Profits, US Inflation Data in Focus

Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.

Spot gold fell…

Oil Prices Edges Lower in Early Trading

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after the Organization of the Petroleum Exporting Countries (OPEC) on Monday cut its forecast for demand growth in 2024 due to softer…

European Stocks Close Mixed

European stock markets closed mixed at the end of trading today. the pan-european stoxx 600 ended the session at 660.51 points:uropean STOXX 600 ended the session at 660.51 points, remaining close to its all-time highs. France’s CAC 40 fell 0.13 perce…

Japanese Stocks Rise in Early Trading

Japanese stock indices rose on the Tokyo Stock Exchange at the beginning of Tuesday’s trading session.

The Nikkei 225 index rose 1,061.89 points, or 3.03 percent, to 36,086.89 after midday trading.

The broader Topix index added 57.28 points, or 2.31…

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